Ch. 4 Social Responsibility of Business and Government

3. a state or local tax on goods and services that is collected by the seller.
7. all income that a business receives over a period of time; government income.
11. a situation in which an action by a company or individual results in an unfair benefit.
13. the exclusive right or an inventor to make, sell, and use a product or process.
14. a set of rules for guiding the action of employees or members of an organization.
18. an agreement to exchange goods or services for something of value, usually money.
19. the duty of of a business to contribute to the well-being of a community.
21. saving scare natural resources.
23. business dealings involving companies in more than one state.
24. a distinctive name, symbol, word, picture, or combination of these that a company uses to identify products or services.

1. rules about how businesses and their employees ought to behave.
2. an organization that supplies a service or product vital to all people including companies that provide local telephone service, water, and electricity.
4. a legal action in which a plaintiff asks the court to take action against a defendant.
5. laws that prevent monopolies and promote competition and fairness.
6. a natural resource that cannot be replaced when used up.
8. when a business has control of the market for a product or service.
9. technical knowledge or creative work.
10. a symbol
12. a legal action brought for violations of criminal laws.
13. a major source of revenue for local governments based on the value of land and buildings.
15. business dealings involving companies that do business in only one state.
16. the protection of the creative work of authors, composers, and artists.
17. occurs when the environment is tainted with the by-products of human actions.
20. taxes levied on the income of individuals.
22. principles of morality or rules of conduct.